First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) Short Interest Update

First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 18,501 shares, a growth of 401.1% from the August 15th total of 3,692 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average trading volume of 4,349 shares, the short-interest ratio is currently 4.3 days.

First Trust Dorsey Wright Dynamic Focus 5 ETF Stock Up 0.9%

FVC stock traded up $0.38 during trading on Friday, reaching $41.70. 5,532 shares of the company’s stock were exchanged, compared to its average volume of 5,001. First Trust Dorsey Wright Dynamic Focus 5 ETF has a 1-year low of $33.81 and a 1-year high of $44.23. The company’s fifty day moving average price is $41.59 and its 200-day moving average price is $39.72. The firm has a market cap of $108.41 million, a PE ratio of 19.13 and a beta of 0.72.

First Trust Dorsey Wright Dynamic Focus 5 ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a dividend of $0.0006 per share. This represents a $0.00 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date was Thursday, June 25th.

Hedge Funds Weigh In On First Trust Dorsey Wright Dynamic Focus 5 ETF

A number of institutional investors and hedge funds have recently bought and sold shares of FVC. Western Wealth Management LLC acquired a new position in First Trust Dorsey Wright Dynamic Focus 5 ETF during the 1st quarter valued at about $27,000. Integrated Wealth Concepts LLC acquired a new stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF in the 2nd quarter worth approximately $39,000. Fifth Third Bancorp bought a new position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF in the first quarter valued at approximately $90,000. NBT Bank N A NY boosted its holdings in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 30,608.3% in the first quarter. NBT Bank N A NY now owns 11,055 shares of the company’s stock valued at $385,000 after acquiring an additional 11,019 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF in the fourth quarter valued at approximately $535,000.

First Trust Dorsey Wright Dynamic Focus 5 ETF Company Profile

The First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) is an exchange-traded fund that is based on the Dorsey Wright Dynamic Focus Five index. The fund tracks an index of global sector and industry ETFs, selected by price momentum and weighted equally. The fund can also allocate to cash in varying amounts based on momentum. FVC was launched on Mar 18, 2016 and is managed by First Trust.